Wiseacre
Retired USAF Chief
Taxes are a small part of the problem, folks.
We're not going to solve the economic mess by JUST taxing the wealthy more OR BY taxing them less, either.
IF (and I say IF because I don't think the leadership really gives a rat's ass) we truly want to fix our economy, we've got to put Americans to work.
International corporations have no financial incentive to put Americans to work.
Fix that problem and THEN American's fincal woes will slowly and steadily get better AS LONG AS WE CAN KEEP THE GOVERNMENT FROM SPENDING THE NEW REVENUE MONEY (New $ MADE FROM MORE AMERICANS WORKING AGAIN) FOOLISHLY.
Doing both those things is a mighty tall order.
It would requirte major rethinks in what the purpose of having a government even is.
And since so many people believe that the only point of government is protect private property, I'd say that this nation is going down.
Domestic corps don't have much incentive to put more americans to work either. If anything, we're incentivizing companies to move offshore and create jobs elsewhere.
I mean come on, who knows how the ObamaCare thing is going to work out and what HC costs will be going forward. Who knows what the EPA and NLRB will do if Obama gets re-elected, or how many more regulations will be created. I think Editec is right, taxes are only one factor in a list of considerations, until we change the business climate here we're just going to muddle along at best. Let's not talk about at worst, things could get seriously hard.
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